Horizon Formulations Private Limited

Founded in 2005 and headquartered in Punjab, India.

2005 | Gurdaspur, Punjab (India) | Active
Last Updated: December 24, 2024

Horizon Formulations Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth %
  • Profit Growth 68.21%
  • Ebitda
  • Net Worth -18.59%
  • Total Assets -0.31%

About Horizon Formulations

Horizon Formulations Private Limited (HFPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 November 2005 and has a history of 19 years and two months. Its registered office is in Gurdaspur, Punjab, India.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹3.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajesh Chopra and Gamini Chopra serve as directors at the Company.

Company Details

  • Location

    Gurdaspur, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51500PB2005PTC029207

  • Company No.

    029207

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Other Industry

Who are the key members and board of directors at Horizon Formulations?

Board Members (2)

Name Designation Appointment Date Status
Rajesh Chopra Country flag representing In Additional Director 04-Mar-2010 Current
Gamini Chopra Country flag representing In Additional Director 04-Mar-2010 Current

Financial Performance of Horizon Formulations.

Horizon Formulations Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 68.21% increase in profit. The company's net worth observed a substantial decline by a decrease of 18.59%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-0.31%
Profit or Loss
68.21%
Net Worth
-18.59%
EBITDA

What is the Ownership and Shareholding Structure of Horizon Formulations?

In 2018, Horizon Formulations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹30.00 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
18 Sep 2013 Punjab National Bank ₹3.00 Cr Satisfied

How Many Employees Work at Horizon Formulations?

Unlock and access historical data on people associated with Horizon Formulations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Horizon Formulations, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Horizon Formulations's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Horizon Formulations

Recent activity within the organization

  • Annual General Meeting

    Horizon Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Horizon Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge registered on 18 Sep 2013 via Charge ID 10449165 with Punjab National Bank was fully satisfied on 30 Nov 2016.

    30 Nov 2016

  • Charges

    A charge with Punjab National Bank amounted to Rs. 30.00 M with Charge ID 10449165 was registered on 18 Sep 2013.

    18 Sep 2013

  • Director Appointment

    Rajesh Chopra was appointed as a Additional Director was appointed as a Additional Director on 04 Mar 2010 & has been associated with this company since 14 years 11 months .

    04 Mar 2010

  • Director Appointment

    Gamini Chopra was appointed as a Additional Director was appointed as a Additional Director on 04 Mar 2010 & has been associated with this company since 14 years 11 months .

    04 Mar 2010

Frequently asked questions

  • Horizon Formulations Private Limited was incorporated on 18 Nov 2005.

  • The authorized share capital of Horizon Formulations Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Horizon Formulations Private Limited.

    • Rajesh Chopra
    • Gamini Chopra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Horizon Formulations Private Limited is H.No. 690/7 Basant Avenue Mehar Chand Road Near Janjua Hospital, India, Gurdaspur, Punjab, 143521.

  • The corporate identification number (CIN) of Horizon Formulations Private Limited is U51500PB2005PTC029207 and the company number is 029207 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Horizon Formulations Private Limited has experienced an downturn of -18.59%.

  • The most recent Balance Sheet for Horizon Formulations Private Limited was filed with the ROC on 31 Mar 2024.

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